U.S. Senate Confirms Janet Yellen as Treasury Secretary

The United States Senate has confirmed former Federal Reserve Chair Janet Yellen as the secretary of the Department of Treasury, becoming the first woman in history for the position.

The Senate voted 84-15, confirming Janet Yellen to lead the treasury department, as well as to lead President Joe Biden’s administration in responding to the recession caused by the COVID-19 pandemic.

As the treasury secretary, Yellen will help Biden prepare the proposed $1.9 trillion COVID-19 stimulus package.

The Senate vote comes a few days after Yellen won unanimous support from both Democrats and Republicans on the Senate Finance Committee last Jan. 22, receiving a vote of 26-0.

“There is no question she is qualified for this role,” Republican Senator James Lankford said.

During the committee hearing last week, Yellen called for lawmakers to “act big” in responding to the pandemic.

Yellen also served as the chair of the Council of Economic Advisers in the Clinton administration.

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